Revolut and LSEG join growing list of OpenAI customers December 3, 2025 Fintech juggernaut Revolut has joined a host of banking giants in leveraging OpenAI tech to beef up their financial crime protections. The digital bank is one of the latest to partner with the ChatGPT maker as it seeks to enhance its fincrime agent and customer services. The $75bn fintech is also using OpenAI’s large language [...]
Bank of England warns of rising global threat as lenders’ capital rules slashed December 2, 2025 The Bank of England has warned of increased global risks to financial stability, even as it slashed rules imposed on UK lenders dictating the amount of capital they must hold. The central bank said “risks to financial stability have increased during 2025”. “Global risks remain elevated and material uncertainty in the global macroeconomic outlook persists,” [...]
Legora CEO: Troubled Robin AI ‘had two parallel business models’ December 2, 2025 The boss of legal tech firm Legora says troubled Robin AI had ‘two parallel business models’. Last month, City AM revealed London-based legal firm Robin AI was put up for sale on an insolvency marketplace after fundraising ambitions fell short. In the same month, it was hit with a winding-up petition by HMRC. The legal [...]
Legora CEO: Law degree is not enough -‘AI knows the law’ – what do you bring? December 2, 2025 AI has turned the business world on its head and no more so than in the legal sector, where knowledge-intensive roles going toe-to-toe with knowledge-based tech is driving a significant shift in the industry. A lot of the attention has been on the implications of the surge in investment in AI for jobs, especially at [...]
AI will transform healthcare, but it won’t necessarily make it fairer December 2, 2025 What if healthcare becomes not a universal right but a personal upgrade? Asks Paul Armstrong The healthcare industry is entering its most radical transformation since the antibiotic era – and possibly its most dangerous. AI is no longer just scanning X-rays or arranging appointments. Robotic systems are beginning to perform surgery with levels of precision [...]
Autumn Budget: R&D and AI push faces delivery questions November 26, 2025 Rachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK Research and Innovation (UKRI) will receive £38.6bn, including £9bn for government priority sectors such as AI, quantum computing, and engineering biology. Meanwhile, £7bn is set [...]
Alibaba.com: How AI is reshaping B2B sales and entrepreneurship November 25, 2025 For Alibaba.com, the true transformative power of AI won’t be for customers; it will be for business-to-business sales. Multimodal search, such as AI search using multiple data points, is driving a “paradigm shift” in global e-commerce, says Alibaba.com president Kuo Zhang at CoCreate Europe. “We’re completely redesigning what search is… for this year alone, our multimodal [...]
Clifford Chance AI-driven redundancies hit London business service roles November 21, 2025 Law firm Clifford Chance is preparing for dozens of redundancies after launching a restructuring of its London business services team. Around 10 per cent of the 550 employees are set to lose their jobs, according to the Financial Times. It was reported that the magic circle firm told staff last month that greater use of [...]
Nvidia: UK staff get £45m as shares rocket November 20, 2025 Staff at the UK-headquartered arm of Nvidia received a boost of almost £45m thanks to a generous share save scheme which has since been significantly upgraded. Since 2012, the US chipmaker has allowed its employees to have up to 15 per cent of their earnings withheld to buy shares in the company at a 85 [...]
Mark Kleinman: Can Osborne usher in a golden era for HSBC? November 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Can Osborne usher in a golden era for HSBC? George Osborne’s words to his Chinese audience were clear: “Through the ups and downs, let’s stick together. Let’s stick together to grow our economies. Let’s stick together to make [...]